IGF Options History — December 2023

In December 2023, IGF traded between $46.05 and $47.94. ATM implied volatility averaged 46.0%, placing in the 41.4% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 31.5% (HV 20d: 14.6%). Max pain ranged from $39.00 to $47.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2023-12-26: Highest Volume — 5 contracts
  • 2023-12-19: Largest IV spike — 168.2% change
  • 2023-12-12: Highest IV Rank — 96.8%
  • 2023-12-01: Largest Expected Move — 22.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.86$46.05$47.94$46.53$47.05
Max Pain$46.38$39.00$47.00$39.00$47.00
ATM IV46.0%10.8%95.2%77.3%37.6%
Expected Move8.9%3.1%22.2%22.2%10.8%
HV 20d14.6%11.1%18.1%13.6%17.9%
HV 60d16.8%16.2%17.8%16.3%16.4%
IV Rank41.4%1.6%96.8%76.7%31.8%
IV Percentile48.9%2.4%99.6%97.2%48.0%
Term Structure-1.3%-11.1%19.5%-2.3%-3.5%
Skew 25d26.3%-13.7%53.6%53.6%42.3%
Skew 10d32.9%-0.3%72.2%72.2%59.6%
Call IV 25d24.0%8.6%30.7%30.7%30.5%
Put IV 25d50.4%8.5%84.4%84.4%72.7%
Bid-Ask Spread %154.21116.71163.46148.64157.35
Gamma HHI0.470.260.690.380.69
Net GEX10.2K3.7K15.6K12.6K7.3K
Net DEX-103.9K-155.5K-68.2K-113.2K-68.2K
Net VEX-437-512-358-511-358
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.250500
Total OI57.440696945

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$46.53$39.0077.3%22.2%13.6%76.7%0.0%53.6%-2.3%12.6K-113.2K-5110.00148.64005910
2023-12-04$46.27$47.0048.9%7.7%13.4%44.6%0.0%25.5%0.8%11.8K-112.2K-5120.00159.02005910
2023-12-05$46.05$47.0092.6%7.6%13.5%93.9%0.0%-13.7%19.5%12.1K-103.2K-3810.00154.71005910
2023-12-06$46.36$47.0059.2%7.8%13.1%56.2%0.0%28.3%-3.8%13.4K-122.2K-5060.00161.41005910
2023-12-07$46.34$47.0062.3%13.4%12.9%59.7%0.0%4.3%8.1%8.2K-100.8K-4000.00161.44005910
2023-12-08$46.40$47.0067.0%7.5%12.1%65.1%0.0%29.3%-2.9%9.8K-128.6K-5030.00160.97005910
2023-12-11$46.28$47.0086.2%8.1%12.3%86.7%0.0%29.7%-10.5%14.1K-100.8K-4210.00161.79005910
2023-12-12$46.19$47.0095.2%8.1%12.4%96.8%0.0%30.1%-3.3%14.4K-96.3K-4110.00163.46005910
2023-12-13$47.30$47.0028.5%8.2%11.1%21.6%0.0%32.0%-3.6%14.9K-131.2K-4880.00156.06005910
2023-12-14$47.94$47.0027.1%7.8%11.7%20.0%0.0%35.2%-1.3%15.6K-155.5K-4910.00156.32005910
2023-12-15$47.23$47.0028.9%8.3%13.3%22.0%0.0%30.7%-1.9%11.2K-151.9K-4610.00159.27005910
2023-12-18$47.48$47.0010.8%3.1%13.0%1.6%0.0%2.0%0.8%9.8K-84.4K-3830.00146.5400470
2023-12-19$47.91$47.0029.0%8.3%13.2%22.1%0.0%29.3%-11.1%10.5K-94.7K-3730.00135.2000470
2023-12-20$46.41$0.0034.6%9.9%18.0%28.5%0.0%32.5%-3.9%4.6K-68.4K-3840.00160.2100400
2023-12-21$46.76$0.0031.2%8.9%18.1%24.6%0.0%2.5%-3.0%5.1K-76.4K-4010.00158.6100400
2023-12-22$46.97$0.0031.3%9.0%18.0%24.7%0.0%23.4%-1.5%3.7K-85.9K-4130.00152.9000400
2023-12-26$47.23$0.0036.6%10.5%18.1%30.7%0.0%35.5%2.9%5.3K-88.0K-4140.00157.3950400
2023-12-27$47.20$0.0011.3%3.3%18.0%2.2%0.0%33.2%-1.1%7.7K-91.2K-4590.00116.7100450
2023-12-28$47.28$0.0025.1%7.2%17.8%17.7%0.0%40.9%-4.8%12.1K-105.1K-4640.00156.1600450
2023-12-29$47.05$0.0037.6%10.8%17.9%31.8%0.0%42.3%-3.5%7.3K-68.2K-3580.00157.3500450